SEL Manufacturing Company to open $35 million GDR issue

SEL Manufacturing Company Ltd has announced that the Board of Directors of the Company at its meeting held on September 07, 2010 has decided to open the issue of Global Depository Receipts (GDRs) upto an amount of US$ 35.00 Million on September 07, 2010.

The stock was trading at Rs.45.10, up by Rs.1.10 or 2.50%. The stock hit an intraday high of Rs.46.30 and low of Rs.44.25.

The total traded quantity was 9.85 lakhs compared to 2 week average of 8.72 lakhs.

Source : Equity Bulls

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